Category: Finance & Investment
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Trump’s New Tariffs Impact Malaysia’s Real Estate Sector
With the risk of a US-China trade war escalating, Malaysia’s real estate market will experience both challenges and opportunities. Here’s a breakdown of how different segments of the property sector could be affected and how investors can prepare. 1. High-End & Luxury Real Estate (KLCC, Mont Kiara, Johor, Penang) Potential Opportunities: ✅ Increase in Foreign…
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Trump’s New Tariffs on Canada, Mexico, and China
How They Could Impact Real Estate and Investments President Donald Trump has recently announced the implementation of new tariffs targeting several countries, effective immediately. These measures include a 25% tariff on imports from Mexico and Canada, and a 10% tariff on imports from China. The administration cites concerns over illegal fentanyl imports and unauthorised immigration…
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Common Home Loan Rejection Reasons and Solutions
By MyPropertyPlaces.com Understanding why banks reject home loan applications is crucial for avoiding pitfalls and increasing your chances of approval. Let’s dive deeper into each common reason for rejection, explore the underlying causes, and offer practical solutions to overcome them. 1. Developer or Seller Declared Bankrupt Why it matters:Banks conduct background checks on sellers and…
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Belanjawan 2025 : Easier for First-Time Home Buyers?
If you’ve been thinking about buying your first home but found the cost of home ownership too daunting, the 2025 budget announcement has some good news for you. In his recent speech, Finance Minister Datuk Seri Anwar Ibrahim announced significant tax reliefs for first-time home buyers, providing much-needed financial support for young families and individuals…
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Belanjawan 2025 : The Breakdown
Budget 2025, unveiled on October 18, 2024, by Finance Minister Datuk Seri Anwar Ibrahim, promises a mix of goodies and tweaks for Malaysians. This analysis aims to break down the key points and explore their potential impact on individuals and the economy. Good News for Taxpayers (Especially Parents and the Disabled): Enhanced Tax Relief…
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Mistakes to Avoid When Buying Property
Buying a property is a big decision, and getting it right can save you from future headaches. With so many moving parts involved, it’s easy to make mistakes that can end up costing you a lot more than you expected. Whether you’re a first-time buyer or an experienced investor, these five common mistakes are worth…
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Unveiling CloutHaus in the Heart of KLCC
Kuala Lumpur’s skyline is about to witness a landmark transformation. TA Global Bhd is poised to unveil its latest masterpiece – CloutHaus Residences – a stunning mixed-use development slated to open in the coveted fourth quarter of 2024 (Source: The Edge Malaysia, Sept 29, 2024). Nestled in the heart of Kuala Lumpur City Centre (KLCC),…
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The Reality of Investing in Short-Term Rentals
As property agents, we’ve always been asked by clients about the best way to invest in Airbnb or short-term rentals. Many see it as a straightforward path to passive income: buy a property, list it on Airbnb, and watch the bookings roll in. While the concept may seem simple, the reality is far more nuanced.…
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Townhouses in Malaysia: A Guide for Potential Buyers
Townhouses are a unique property type in Malaysia, offering a blend of features from landed and high-rise living. This guide explores what townhouses are, their pros and cons, and whether they might be a good fit for you. What is a Townhouse? Unlike some countries, Malaysian townhouses are not single-family homes attached to a multi-unit…
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Real Estate Opportunities in the MRT3 Circle Line
The Klang Valley is set to welcome a new rail line, the MRT 3 Circle Line, which will enhance and integrate with the existing public transport system. In preparation for the project’s launch, MRT Corp has initiated a public inspection period from 2nd September to 2nd December 2024. This allows the public to review and…